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Squidoo has news for you (rather bad ones)

Today I got this mail:

Squidoo has news for you

On Squidoo many webmasters had lenses for links purposes and other good reason, so I am sharing the news here:

"Here’s some good news, big news, news that will open some new possibilities for you…
HubPages is acquiring key content from Squidoo, creating the largest site of its kind in the world.
For nearly a decade, both Squidoo and HubPages have provided a home for content creators online. We’ve made it easy for people to use our platforms to share content that they care about, to tell stories, write articles and link to places that matter to them. Over the years, more than four billion visits have been made to the two sites, which host content from more than five million people.
Today, we’re announcing that as a result of this acquisition, Squidoo is moving the best of its content to HubPages. They’re the industry leader, continually pushing the envelope in terms of their content, its presentation and the traffic and traction they get online. The best way we know to serve our users is to give them an even better place for their content, and when I talked with Paul Edmondson at HubPages, it became clear to both of us that combining these platforms leads to a stronger, more efficient, more generous way to share great stuff online.
Starting in a few weeks, all traffic to Squidoo will automatically be redirected to the relevant pages on HubPages instead. We’ve been busy building transfer tools that will make it easy (and mostly automatic) for content to move from the Squidoo site to HubPages. Together with some members of the Squidoo team, I’ll be working with HubPages to ensure that we make the best possible transition and impact going forward. Squidoo pages will cease to be visible in September or early October.
You don’t have to wait a few weeks to get started, though! Click on the ‘get started’ button on your dashboard and you’ll be able to set up your HubPages settings as well as start building new pages there while you wait for the transfer to be complete (and your transfers will get done first).
It’s important to note that we’ll only be moving our highest rated and most useful content to HubPages. Some pages won’t be making the move, and will no longer be hosted online, so it’s prudent to go to your dashboard and download an archive of what you’ve built so you can keep it forever.Click here for a faq to see answers to commonly asked questions about this move
You can start using the HubPages platform right away just by clicking the Set Up Your Transfer button on your dashboard. As your lenses are automatically moved, you’ll see the steps on how to set up an account that will help you earn money from your pages. Payment will continue uninterrupted (between us, the two companies have enabled our users to earn tens of millions of dollars for themselves and their causes!)
If you don’t do anything, you’ll get a notice by email and on your dashboard when the transfer is completed and your pages are live. At that point, you have to click on the link and activate your HubPages account in order to make changes and earn money.
If you’d rather not have your account and content moved to HubPages, don’t worry. There are instructions on your dashboard about how to download your data so you can take it with you, as well as a big button that lets you delete your Squidoo account. As long as you do this by August 29, 2014 none of your data will be moved.
We’re doing this now so we can have as much in place by October 1 as possible… just in time for Halloween.
It’s never easy to end a project (sometimes it’s even harder than starting one), but the Squidoo team has always been focused on what’s best for you, our users, and it’s clear to us that Paul and his team have built a platform that will help you reach your goals even faster than we can do it alone. Moving these assets to HubPages opens the door for even more magic.
You’ll certainly see many familiar Squidoo faces when you browse around HubPages, but some of the Squidoo staff will be moving on to new projects. I hope you’ll join me in thanking the extraordinary team that’s pioneered so many of the tools we use every day, and even better, that you’ll celebrate with ever better content that will be seen by ever more people.
Have fun. Make a ruckus. Do good work.
Thanks for the magic you make, and for being kind and generous.
-Your friends the Squids."

It’s important to note that we’ll only be moving our highest rated and most useful content to HubPages. Some pages won’t be making the move, and will no longer be hosted online, so it’s prudent to go to your dashboard and download an archive of what you’ve built so you can keep it forever.